Melaka
Melaka Tengah
Bdr Melaka
TAMAN KOTA LAKSAMANA JAYA

TAMAN KOTA LAKSAMANA JAYA

Area Intelligence

2022

Median Price

RM 542,500

PSF: RM 362

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Residential PSF Trends

Median Price

RM 350,000

PSF: RM 543

Commercial PSF Trends

Median Price

RM 590,000

RM 354 PSF

TAMAN KOTA LAKSAMANA JAYA in Melaka Tengah, Melaka recorded 12 subsale transactions in 2022, with a median price of RM 543K and a median price per square foot (PSF) of RM 362.

This area contains both residential and commercial properties. View 8 residential properties or 29 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 543K, with most transactions falling within a stable range of RM 542K to RM 300K, and a typical market range of RM 318K to RM 300K.

Most transactions involved shop unit/retail lot, with high diversity across multiple property types.

For price per square foot, the median is RM 362, with most transactions between RM 345 and RM 379. The usual range is RM 233.00 to RM 491.00, showing that most units are priced quite close to each other. With an IQR of RM 258.00 and MAD of RM 17, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN KOTA LAKSAMANA JAYA, Melaka Tengah, Melaka

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